BANGKOK (Reuters) – Thailand’s central financial institution plans to permit banks to take a position greater than a present restrict of three% of their capital funds in fintech, besides in digital belongings, an assistant governor mentioned on Tuesday.
The central financial institution additionally expects to challenge guidelines on digital banks within the first half of the 12 months, Roong Mallikamas advised a information convention.
(Reporting by Kitiphong Thaichareon; Writing by Orathai Sriring; Enhancing by Martin Petty)
Supply: KFGO
